FAQ

common questions about Reserve on Third

What is Reserve on Third?

It’s an apartment community designed especially with Indiana University students in mind. Reserve on Third features spacious, newly-renovated 2- and 3-bedroom apartments with hardwood-style floors, available private bathrooms, a full set of furniture, in-unit laundry and more. All in a natural setting of green spaces, just minutes from campus.

Is Reserve on Third part of Indiana University?

Reserve on Third is a privately owned and professionally managed community. Click here for more information about the ownership and management.

Can I live with friends, or can you match me with roommates?

You can select your roommate(s), or you can apply on your own and we can match you with other students. Applicants answer a short list of lifestyle questions to help in the matching process.

What are per-person contracts?

Instead of requiring all roommates to sign a joint lease, each person at Reserve on Third has their own individual contract, with one person per bedroom. This means you are only responsible for paying for yourself — not your roommates. Even if a roommate moves out or other bedrooms in your apartment are empty, you only pay the rate for your bedroom.

What is included in the rate?

Each resident at Reserve on Third pays a flat rate that includes:

  • Full set of furniture, including leather- or suede-style living rooms and full-size beds
  • High speed Internet
  • Water/sewer, trash removal
  • Washer and dryer in each apartment
  • 24-hour on-site management
  • Private shuttle bus to IU campus (Fall/Spring semesters)
  • Community features — pool, fitness center, etc.

Are private bathrooms available?

Yes. All bedrooms at Reserve at Third feature a private “in-suite” bathroom, except the 3 bedroom, 2 bathroom apartment, in which two of the bedrooms share a bathroom with separate sink area.

Are the apartments furnished?

Yes. Each apartment includes a complete set of furniture. The furniture package includes full-size beds, dressers, desks and chairs, leather- or suede-style sofa and armchair, coffee table and dining furniture. To see a sample of the furniture and other finishes, please visit our model apartments.

When do the contracts start and end?

The standard term is August 21, 2019 to July 30, 2020, with payments made in 12 equal installments. Limited alternate dates may be available; please inquire with our staff.

Can I pay by credit card?

Yes. Residents can pay online 24 hours per day, by credit card or ACH electronic checking. Reserve on Third also offers automatic payment by either credit card or checking account — just fill out one page, one time and payments will be made automatically. Convenience fees apply for credit card and debit card payments.

Will my financial aid cover charges at Reserve on Third?

Your living costs at Reserve on Third can be covered by financial aid, just like on-campus housing. Any available financial aid funds, after university charges are satisfied, are released to the student for non-institutional expenses, such as off-campus housing. These funds can be used to pay charges at Reserve on Third. Normal payment deadlines will continue to apply.

Is Reserve on Third open to non-students?

Nearly all the residents at Reserve on Third are students at Indiana University, and the per person contracts are also designed with students in mind. Nonetheless, Reserve on Third is an Equal Opportunity housing provider and welcomes applications from non-students. Family members are welcome as well, subject to occupancy limits. Because of the need to match student roommates, non-students must apply together with enough roommates to fill the desired apartment.

What kind of security is provided?

Reserve on Third offers electronic controlled access to each apartment, plus locking bedroom doors. Community courtesy patrols are provided at select times, plus security cameras are located in certain areas. Management staff are also on-site 24×7 and can be reached by a 24-hour phone number.

What are the policies on pets, smoking and guests?

Reserve on Third is pet-friendly in specified buildings; restrictions apply. Reserve on Third is a non-smoking community in all indoor areas. Guests are welcome at all times, subject to the consent of apartment-mates and security considerations. Overnight guests are welcome, with limits on the number of days and guests.

Can I park my vehicle at Reserve on Third?

Reserve on Third offers free surface parking for all residents. Limited guest parking is also available at no charge.

What other transportation options will I have?

Reserve on Third offers a private shuttle bus directly to Indiana University and back when school is in session during the Fall and Spring semesters. It’s just a seven-minute ride to campus. Bloomington Transit routes 3 (College Mall) and 6 (Campus Shuttle) also have 7-days-per-week service with stops right at the corner of Reserve on Third, serving the IU campus, College Mall and downtown. Or bike or drive to the IU campus or downtown Bloomington in minutes.

Can I see a model apartment?

Yes. Please request an appointment for a personal tour, or just stop by to see us and we’ll be happy to show you the community.